Last week, the floor price of popular NFT collection Bored Ape Yacht Club fell to a 20-month low. But determining the value of an individual NFT requires a more nuanced understanding of floor price, rarity traits and cultural significance.
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from CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Is Justin Biebers Ape Really Worth $59000? The Nuances of Valuing NFTs
July 06, 2023